"Investing in African SGBs": a handbook to foster investment in Africa
Submitted by admin on Thu, 05/28/2015 - 13:05Investisseurs & Partenaires published this week the handbook "Investing in Africa's Small and Growing Businesses", a new tool to foster the development of early-stage SME investment in Africa and encourage the rise of new investors on the continent.
As stated by Jean-Michel Severino in Jeune Afrique, "the primary objective of this handbook is to provide an operative document for the future investment companies of the continent"
► Download the Handbook (available in French and English)
The handbook gathers the best practices of six investors dedicated to African SGBs and the feedbacks of ten entrepreneurs
Designed in partnership with Ernst & Young, the Aspen Network of Development Entrepreneurs and INSEAD Business Schools, and funded by The Rockefeller Foundation and The Tony Elumelu Foundation, the handbook is intended for investors, entrepreneurs and anyone interested in the field of SME financing in Africa.
The handbook is divided into three sections
- It first demonstrates the importance of SGB financing in Africa and draws an overview of the actors on the ground
- It then explains the investment methodology, from due diligence to exit, building on concrete case studies
- It finally suggests a roadmap for the launch of an investment vehicle targeting African SGBs and specifies some key success factors
An operative handbook intended for future investors, in line with I&P strategy
Publishing this handbook is in line with the strategy of I&P, which plans to sponsor 10 investment funds in 10 African countries within the next decade in order to support early-stage SGBs requiring investments below 300 000 EU. Despite their considerable potential in terms of value creation and development impact, these SGBs indeed face the greatest difficulties in accessing long-term financing and skills.
In the Press
- Jean-Michel Severino's interview in Jeune Afrique, (May 24, 2015)
- I&P's article on VC4A (Venture Capital For Africa), "Performing due diligence on startups in Africa: analyzing investment opportutnies" (May 26,2015)
- On the blog Business Fights Poverty: "Attracting African Capital to invest in Small and Growing Businesses: a utopia?" (May 29, 2015)